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Feng Hsin keeps rebar & scrap prices flat, decreases section steel price this week

11 Jun 2024 17:26 reported by Stanley Wang

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Feng Hsin Steel Co., Ltd., a Taiwan-based company principally engaged in manufacturing, processing, and trading steel products, declared its product list prices for this week. The rebar and scrap remained unchanged at NT$19,100/ton and NT$10,300/ton. The section steel price decreased by NT$500/ton to NT$26,200/ton.

Meanwhile, the prices of Japan’s H2 scrap kept flat at US$357/ton, and the US containerized scrap went down to US$345/ton. Australian iron ore prices decreased from US$115/ton to US$106/ton. Feng Hsin indicated that there were no quotations for the US’ scrap shipment last week.

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